MCX Bullion Outlook, Silver Intraday Tips, Zinc Copper Trend, Gold Updates, Silver Gold Trading Tips, MCX Commodities Trend For Today 6 August:
Gold Updates: On MCX, Gold prices are holding 29850 support you can go long with a stop loss below 29800 for the target at 30000. GOLDGUINEA prices on MCX were trading higher. In the opening session MCX GOLDGUINEA August contract was trading at Rs 23868.00 which was up 30.00 points. The GOLDGUINEA rate touched an intraday high of Rs 23878.00 and an intraday low of Rs 23813.00. So far 2022 contracts have been traded.
Gold Oct Sup3-29670 Sup2-29730 Sup1-29850 Res1-29940 Res2-30050 Res3-30130
Copper Intraday Tips: Copper futures for Sept. delivery closed up by 2.3% $3.3675 per pound on the COMEX. Copper prices are likely to trade within the range from 409 to 417, we can expect prices to test 417 on higher end.
Copper July Sup3-405 Sup2-408 Sup1-411 Res1-414 Res2-417 Res3-420
Gold Oct Sup3-29670 Sup2-29730 Sup1-29850 Res1-29940 Res2-30050 Res3-30130
Copper Intraday Tips: Copper futures for Sept. delivery closed up by 2.3% $3.3675 per pound on the COMEX. Copper prices are likely to trade within the range from 409 to 417, we can expect prices to test 417 on higher end.
Copper July Sup3-405 Sup2-408 Sup1-411 Res1-414 Res2-417 Res3-420
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